BSkyB and OpenTV Extend Partnership.Leading Pay-TV Operator Commences Integration Project for Next Generation OpenTV Core3[TM] Middleware and Licenses OpenTV's Intellectual Property SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- OpenTV Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OPTV), a leading software and technology provider of advanced digital television solutions, and British Sky Broadcasting British Sky Broadcasting (BSkyB — formerly two companies, Sky Television and BSB) is a company that operates Sky Digital, a subscription television service in the UK and the Republic of Ireland. It produces TV content, and owns several TV channels. Ltd (Sky), a leading pay-TV operator in the UK and Ireland and current OpenTV customer, have extended their relationship. Sky has licensed OpenTV's patents and other intellectual property rights to support ongoing development of the company's digital television platform. Additionally both companies will now work on a proof of concept which if successful could lead to the deployment of OpenTV Core 3 on some of Sky's set-top boxes The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. . OpenTV Core3 is OpenTV's recently announced next generation middleware that combines a top-to-bottom open architecture with a unique design that simplifies the integration and deployment of everything from complex consumer user interfaces to interactive services and application widgets. Founded in the early 1990s, OpenTV is one of the pioneers in the development of advanced digital television services and solutions and maintains an industry-leading intellectual property portfolio with more than 700 patents issued worldwide and many others pending. The company has been a technology provider to Sky since the initial launch of its digital TV service in 1998, and this latest agreement between OpenTV and Sky further recognizes OpenTV's investment and leading role in the global digital TV space. "OpenTV and Sky have built a strong relationship over the last ten years," said Ben Bennett Ben Bennett (born May 5, 1963 in Sunnyvale, CA) is the head coach of the arenafootball2 (af2) Manchester Wolves. He has been involved in professional football as a player and coach since 1984. , OpenTV's Chief Executive Officer. "We are pleased to have the opportunity to enhance our relationship by combining IP licensing with technology provision. Sky continues to be at the forefront of digital TV innovation, and we are pleased to continue to fully support this important customer." "At Sky, we're continuously striving to bring our customers the best service possible by investing in high-quality content and cutting-edge product innovation. This new agreement with OpenTV underpins our strategy of continuous product innovation. OpenTV continues to be one of our key partners and we look forward to exploring how we might develop our relationship further," said Roger Lambert, Sky's Director of Customer Technology. About OpenTV OpenTV is one of the world's leading providers of advanced digital television solutions dedicated to creating and delivering compelling viewing experiences to consumers of digital content worldwide. The company's software has been integrated in more than 133 million devices around the world and enables advanced program guides, video-on-demand, personal video recording, interactive and addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be advertising and a variety of enhanced television Enhanced Television (ETV) is a collection of specifications developed under the OpenCable project of CableLabs (Cable Television Laboratories, Inc.) that define an ETV Application consisting of resources (files) adhering to the Enhanced TV Binary Interchange Format (EBIF) content applications. For more information, please visit www.opentv.com. About Sky Sky operates the most comprehensive multichannel Using two or more paths for transmission or processing. It can refer to a variety of architectures including (1) multiple I/O channels between the CPU and peripheral devices, (2) multiple wires in a cable, (3) multiple "logical" channels within a single wire or fiber or (4) multiple , multi-platform television service in the UK and Ireland. Over 9.4 million homes enjoy an unprecedented choice of movies, news, entertainment and sports channels Sports channels are television specialty channels (usually available exclusively through cable and satellite) broadcast sporting events, usually live, and when not broadcasting events, sports news and other related programming. . Sky continues to break new ground with its own portfolio of channels: Sky1 combines its commitment to UK production with the best of the US; Sky Arts
Over 5 million Sky homes now enjoy the control and flexibility of Sky+ and 1.3 million homes have already joined Sky+HD, which provides access to 34 dedicated HD channels. Sky is also the UK's fastest growing broadband and fixed-telephony provider. Cautionary Language Regarding Forward-Looking Information The foregoing information contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in political, economic, business, competitive, market and regulatory factors. In particular, factors that could cause our actual results to differ include risks related to: market acceptance of interactive television services and applications such as ours; delays in the development or introduction of new applications and versions of our service; technical difficulties with networks or operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. ; our ability to manage our resources effectively; changes in technologies that affect the television industry; and the protection of our proprietary information. These and other risks are more fully described in our periodic reports and registration statements filed with the Securities and Exchange Commission and can be obtained online at the Commission's web site at http://www.sec.gov. Readers should consider the information contained in this release together with other publicly available information about our company for a more informed overview of our company. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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